Why is Olympic Oil Ind. falling/rising?

As of 09-Jul, Olympic Oil Industries Ltd is experiencing a decline in its stock price, currently at Rs. 29.90, which represents a decrease of 0.79 or 2.57%. The stock has recently hit a new 52-week low of Rs. 29.5 and has underperformed its sector by 2.2%. Over the past week, the stock has seen a significant drop of 14.11%, and its performance over the last month and year has also been poor, with declines of 31.19% and 46.26%, respectively. The company is trading below all its moving averages, indicating a bearish trend. Additionally, despite a rise in delivery volume by 87.86% against the 5-day average, the overall sentiment remains negative due to the company's weak long-term fundamentals, including a negative book value and high debt levels.
In the broader market context, the stock's performance contrasts sharply with the Sensex, which has shown a slight increase of 0.15% over the past week. This underperformance is indicative of the company's struggles, as it has consistently lagged behind the benchmark indices over various time frames, including a 46.26% decline in the last year compared to a 3.96% gain in the Sensex. The company's weak financial health, characterized by stagnant net sales and negative EBITDA, further exacerbates the situation, making it a risky investment compared to its historical valuations. Overall, the combination of poor performance metrics and unfavorable market conditions contributes to the stock's downward trajectory.